SLED IT market will grow from $89 billion in FY 2017 to $97.9 billion in FY 2022

Posted by Chris Dixon on July 14, 2016

State, Local and Education   Analysis   Community Development   Economic Development Regulation   Education Higher   Education Primary Secondary   Forecasts and Spending   General Government Services   Health Care   Information Technology   Justice and Public Safety   Natural Resources Environment   Public Finance   Social Services   Transportation  

Acquisition Guidance in OMBs Revised Circular A 130

IT Services will continue to be the dominant growth segment within the state, local, and education (SLED) IT market and the only one with growth exceeding the market average.

The market growth rate (CAGR) for the forecast period lags behind the historic growth rate of 2.7% for the verifiable years of 1997-2014.

However, the market is likely to surpass its stimulus-driven peak (FY 2009) in FY 2018 or FY 2019.

The full report is available for purchase here.

Figure 1. Deltek SLED IT market forecast by segment, FY 2017-2022

SLED IT Market Forecast FY2017-2022

Adapting data produced by U.S. Department of Commerce analysis of U.S. gross domestic product (GDP), Deltek's forecast model generates over 2.7 million data points and is the most comprehensive and sophisticated model available for the SLED market.

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